#btc Bitcoin continues to trade at high levels after the halving, with $90,000 becoming the dividing line between bulls and bears. Technically, strong resistance is located around the $90,000 region; if a volume breakout occurs, there is potential to resume the upward trend. The core support is in the $90,000 range. $10,000 remains an extremely low-probability extreme retracement level in the foreseeable future. The current market sentiment is mainly driven by two major factors: firstly, the net inflow/outflow of funds in the US spot Bitcoin ETF, whose sustainability directly affects short-term liquidity; secondly, global macroeconomic data and Federal Reserve monetary policy expectations, where any hawkish signals will suppress risk assets. Investors are advised to make decisions based on real-time, authoritative data sources and to closely monitor the key technical levels and fundamental developments mentioned above. Market volatility is intense, so risk management should be well implemented.